healthcare
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It is a Federal/National health insurance program. It’s run by a federal agency called CMS (Centers for Medicare and Medicaid Services). This insurance covers people who are 65 or older. People under 65 who have disability, ESRD (End Stage Renal Disease), or ALS may be eligible for Medicare. A person’s Medicare coverage will be the…
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Premium: A monthly amount you pay for your insurance coverage, whether you use services or not. It’s your regular payment to keep your insurance active. Deductible: The amount you pay for covered services each year before your insurance plan begins to pay. Coinsurance: It is a portion of the medical cost you pay after your…
